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Half a million Australians to suffer 'double tax' hit under Labor: Coalition0:32

New government analysis suggests more than half a million Australians that are nearing retirement will suffer a double tax hit under proposed Labor policies.
The opposition’s policy changes to franking credits and plan to curb negative gearing would hit middle class Australians aged between 45-59 the hardest, according to the Australian.
Treasurer Josh Frydenberg will hold a meeting in Canberra today with the Property Council of Australia in an effort to ramp up support against Labor’s changes.
Labor has dismissed the arguments, arguing negative gearing will help younger Australians and claiming the proceeds from its policies will be used to fund additional health and education funding.